Oil And Natural Gas Corporation Ltd., … vs M/S. Deep Industries Ltd. on 18 July, 2025

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(per Hon’ble Sri Justice Ravi Nath Tilhari)

Heard Sri Dammalapati Srinivas, learned Advocate General, assisted by

Sri D. S. Sivadarshan, learned counsel for the appellant- Oil and Natural Gas

Corporation Limited (in short ‘ONGC’) and Sri S. Sriram, learned Senior

Advocate, representing Sri S. Vivek Chandrasekhar, learned counsel for the 1st

respondent/claimant.

2. The present appeal has been filed under Section 37 (1) (c) of the

Arbitration and Conciliation Act, 1996 (in short ‘Act 1996’) read with Section 13

of the Commercial Courts Act, 2015 (in short ‘CC Act’).

3. The 1st respondent – M/s. Deep Industries Limited (in short ‘DIL’) is

the claimant, in whose favour the Arbitral Tribunal (Panel of Arbitrators) passed

the Award dated 19.05.2022, allowing Claims A, B, C & D and dismissing the

Claims E, F and G with a direction that the parties shall bear their own costs

under Claim-H. The award is against the appellant – ONGC.

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